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20121005
20121005
Search Results 0 to 6 of about 7 (some duplicates have been removed)
-growth environment. >> reporter: michelle mier is senior u.s. economist for bank of america. 100,000 plus jobs is healthy but not impressive. >> and think about what we've come off of, the deepest postwar recession and adding about 100,000 or so jobs a month. it's not sufficient. >> reporter: much of the drop in the unemployment rate is due to the growth in part-time jobs. >> . >> i didn't even get responses to my resumes. >> reporter: 56-year-old amy crawford was forced to take a minimum wage job in a chicago restaurant. when she couldn't find full time work as a home designer. >> i'm almost at a bird in the hand is worth two in the bush. i'm not confident in the economy. >> reporter: 40% of the unemployed have been out of work six months or more. that number did not drop last month. fed chairman ben bernanke said this week his concern is that growth just isn't fast enough to put people back to work. >> pelley: anthony, you mentioned that about 150,000 jobs are being created each month lately. what kind of difference does that make to the 12 million people who are still unemployed? >> not muc
't be so easy in a town hall environment, the president will probably overreact. he was angry today, he called romney a liar, petulant. he is arrogant. he has never taken a punch. he is used to hail to the chief and i'm great, etsetra. i think, it wasn't just style, it was substance. it was a deep, deep knowledge that he showed on the economy, on the deb, on the deficit, on health care. every issue that came up. and obama stammering, stambling, without that teleprompter, this guy is lost. this is a myth that was shattered last night. he was reduced in 90 minutes, before the american people, i felt. >> yeah. that's because romney had a clarity of purpose, a clarity of mind, a clarity of principles that we know that obama has lacked for a long, long time. i think that going forward now, there is now an extra burden on these liberal journalists to do-- >>> not going to happen. >> a lot of the left thought that jame lehrer failed at. i think that's what romney and ryan vato brace for. there will be a town hall format. from my recollection of covering the last several election cycles, where
practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. david: time for a quick speed read. first up the congressional budget office estimates a federal budget deficit at $1.1 trillion. the fourth straight year of trillion dollar deficits. it was a slight improvement from the 2011 deficit of $1.3 trillion. starbucks will add 1,000 stores in the u.s. over the next five years. the coffee giant's ceo said the expansion will add total of 20,000 jobs that. is good news. >>> california gas prices increased 36 cents in one week. the average price of regular gas across the state is $4.49 a gallon the highest in the nation. >>> dave and buster's halts plans to launch a initial p.m. ofsh. yesterday t
that support such a move? >> think the baseline for us is essentially more of the same, but in an environment in which earnings are still pretty good and interest rates are still very, very low. i think the baseline forecast does support higher equity prices from here. i do think it's quite bimobile. i think that the alternative scenario to the baseline is one that's significantly worse because we do get a much bigger hit from the fiscal side, but on the baseline, it's supportive. >> i'm really quite confused here and the economy created 114,000 jobs and there's so much noise about the various aspects of the survey. and i'm not sure. 114,000 jobs create side bad, isn't it? that's very, very disappointing. >> it's lackluster, i would say. >> don't we have to -- typically say we have to generate 200,000 to deal what's happening with the population. isn't that usually where we are? why are we not there today? >> to keep the unemployment rate stable you need about $100 and the participation doesn't change. anything over 100,000 will push it over time. under 14 it would be extremely slowly so that
Search Results 0 to 6 of about 7 (some duplicates have been removed)